ADMS 3510 Study Guide - Midterm Guide: Tabulating Machine, Kaizen, Al-Qurnah
27 Oct 2017
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The brampton branch of the knights of columbus (koc) is planning their 2017 christmas event. They expect the attendance to be somewhere between 200 and 300 people. There is a 50% probability of 200 attendees; a 40% chance of 250 and a 10% chance of 500. They are looking at 2 quotations for holding the event. The brampton hilton hotel has offered to host the event for a fee of ,000 plus per person for meals. Alternatively, brampton university has offered to host the event. They want ,000 for the use of their facilities, but koc would be able to use an outside caterer, so meals would be only per person. Wherever they hold the event, a band would be hired at a cost of ,500, and liquor licence fees would cost . Tickets to the event would be sold for per person. Should koc use the hotel or the university for their event? (15 marks).
